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Norwood 02062
5 Walters
$899,000
● House - Off Market

5 Walters

Norwood, MA 02062
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,404 Ft²
$1,285,289
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

NEW CONSTRUCTION!! New 4 bed 2 1/2 bath Colonial under construction in great neighborhood close to High School and Library. 3405 sqft, this house has every state of the art feature of New Construction. First floor consists of Gourmet Kitchen with granite counters/center island and stainless steel appliances. Family Room w/gas fireplace and slider to deck, formal Dining Room with chair rail /crown moulding. Second floor with huge Master with w/I closet, Master Bath, 3 large bedrooms and Laundry room. Hardwoods thruout/2zn heat/ac,2 car garage and walkup attic. Great corner lot compliments this dream home! October 2019 delivery,call tday
Unit Size
3,404 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$264
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #72519672)

Price History

Date / Event Date Event Price
Dec 23, 2019 Sold
Premium
Sold
Jun 16, 2019 Listed by PJ Mulvehill Realty $899,000
Listed by PJ Mulvehill Realty
Apr 24, 2019 Sold
Premium
Sold
Dec 5, 2018 Listed by PJ Mulvehill Realty $339,000
Listed by PJ Mulvehill Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,085
  • Total Building Area: 3,308
  • Gross Building Area: 7,650
  • Building Area: 3,308
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,308
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwood School District
  • School Tax School District: NORWOOD SD
  • Census Tract: 413401

Geography

  • Parcel: NORW M:00002 B:00024 L:00007
  • Block: 24
  • Lot: 7
  • Municipality: NORWOOD
  • Latitude: 42.1908
  • Longitude: -71.2086

    Address

  • Full Address: 5 Walters Rd
  • Address - House Number: 5
  • Address - Street Name: Walters
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norwood
  • Carrier Code: C021
  • 4-Digit Zip Code: 2001
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,298,500

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,348,983
  • High Value: 1,577,536
  • Low Value: 1,120,431

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,240,200
  • Assessed Land Value: $320,100
  • Assessed Improvements Value: $920,100

    Sales

  • Current Sale Contract Date: Dec 10, 2019
  • Current Sale Recording Date: Dec 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 122242
  • Previous Sale Recording Date: Apr 24, 2019
  • Previous Sale Contract Date: Apr 24, 2019
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 19

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$418

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2127 ft²

Average Home Age

62.1 years

Currently For Sale

50 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72519672

Frequently Asked Questions

When was property at 5 Walters Road built and last sold?
The property at 5 Walters Road was built in 1952 and last sold on Dec 10, 2019 for $899,000.
How much is this home worth?
The estimated value of the home located at 5 Walters Road is $928,417.
What are some comparable homes to 5 Walters Road?
There are currently no comparable homes to 5 Walters Road.
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